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BlueCo buy Chelsea FC

Featured Replies

2 hours ago, dansubrosa said:

Even though Labour can’t be any worse than the tories, I can’t stand Starmer. He has a face you’d love to punch.

You really can’t win when it comes to politics.

Yeah, but he's got no influence in this process, has he? It all looks to me like another smokescreen of the government to look tough while hiding their miseries. In any case, I don't think the Chelsea affair has had any influence in their heavy loss, but on the one hand, it could help speed things up swiftly though on other hand the gov needs to look like doing something and may increase pressure on Chelsea (which has the media resonance thing which Boris and his chums love). I was just wondering.

Ben Jacobs latest

 
Replying to
A legally binding sale agreement does NOT have to be signed by today. The parties will continue beyond Friday if they need to. There is confidence they won’t have to but it’s not a rigid deadline. And from final negotiations to an actual sale, two weeks will likely be needed.
 
 
 
EPL sources tell me they expect to complete the O&D Test within seven days having already ‘soft vetted’ the listed directors. They must also assess three-year business plans. They can’t officially do this until they are fully locked.
 
 
 
DCMS sources say the government are content freezing the debt and are also “comfortably” in a position to approve a sale before May 31. The official line remain #CFC’s special licence will not be extended beyond that. It’s being called “a hard deadline”.
 
 
 
Raine will turn to Sir Martin Broughton if anything unexpected stops Clearlake-Boehly taking over. Sir Jim Ratcliffe is not the back up. Raine are not prepared to engage with the Nice owner at this stage having already communicated in writing he is not part of the process.
 
 
 
Unclear at this stage how an announcement will be made. #CFC executives have been asked to draft a statement, which is likely to be a joint one. They still may wait beyond just a signed sale agreement. Told that’s the government’s preference but it’s not really in their control.
21 minutes ago, TokyoBlue said:

Did it take this long for Roman to buy the club from Ken Bates?

Seemed a lot quicker from what I remember.

 

That’s because a bit of cold hard cash is like red rag to a bull for old Batesy :laugh2:

1 hour ago, Sexyfootball said:

Wish they'd hurry up so I don't have to read any more of Ben Jacobs pretending he knows what's going on ...  🙂

Replace Ben Jacobs with pretty much every other "expert".

On 05/05/2022 at 14:42, Mana said:

Clearlake has the final say over Boehly on Chelsea's future. Clearlake may approve most things Boehly wants, but if Clearlake for some reason distrusts Boehly, they can get someone else in to run Chelsea. And that's when the dominoes fall.

Why did Cearlake jump on board at the last minute with Boehly ?

didn't he have the finance in place ? Not happy with an profit hungry investment fund owning the club.

we need to get the best owner , deadlines can be moved.   RA hopefully will do the best for us and overlook the woeful response and lack of support from us fans to our club being taken from him

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